"Europe Needs to Set Energy Transition into Motion”

“Europe needs to reduce its conventional generation capacity to attract investments that will set the energy transition into motion”, said José Manuel Entrecanales, Chairman and CEO of ACCIONA.

In his speech during the High Level Conference on Sustainable Finance, Mr Entrecanales highlighted that “we cannot forget that Europe is competing to attract capital, up against other markets that are currently more attractive for sustainable investment. “It’s essential to capture direct investors for projects associated with a low-carbon economic model in every sector, particularly in energy”, he said. Mr. Entrecanales spoke alongside Michael Bloomberg, former mayor of New York and UN’s Special Envoy for Climate Action, and Emmanuel Macron,... ... More: Official Press Release Acciona

Keywords:

Acciona, sustainability, Europe, energy transition, Action Plan, decarbonisation